The recent literature on firm-to-firm trade has documented salient empirical regularities of the buyer-seller network …

Following Garicano (2000), we consider groups whose members decide what knowledge to acquire and how to use this … knowledge in production. If efficient production requires common knowledge, all group members should become workers and acquire … common knowledge. But if efficient production requires diverse knowledge, one group member should become manager, acquire …

What are the long-term effects of Communism on economically relevant notions such as social trust? To answer this … convergence with regard to individuals' trust and risk, as well as perceived fairness and cooperativeness. Our hypotheses are … than by reputation. Moreover, East Germans are found to be more risk loving than West Germans. In contrast to trust and …